Post
Topic
Board Beginners & Help
Re: I think it's wrong
by
passwordnow
on 08/01/2023, 13:14:13 UTC
I think it's wrong to compare the old bear market history with the future bear market, things could play out differently, I was into crypto in 2019 and I am very sure that there was a bear market years back before 2017, in 2020 there was pandemic, no one saw that coming.
There is nothing wrong to think about cycles and repetitive market histories such as bears or bulls. You're right that it could be different in the next years to come but there's nothing wrong with thinking that someone is comparing the old and future bears.

Fast forward to 2023, someone I knew is expecting some kind of a new pandemic to put pressure on the world once again, he believed that the last pandemic was intentional, what do you think?

Right now some people are still waiting for more downside without any DCA so far, this is a very big risk if you ask me.
Well, this is wrong to think that another pandemic might happen soon but if that's his opinion, he's entitled to that. I'm not thinking that another pandemic might happen just to make the market better. It's too odd to think about that because we how most countries and poor people and even the rich ones have suffered from it.